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Nest Apportionment for pension scheme

Steps to switch the Nest Apportionment for a pension scheme in payroll.

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Written by Onyema Onyejekwe
Updated over 2 months ago

A new calculation option has been added for Pension Schemes where a Lower Earnings Limited LEL or Upper Earnings Limit (UEL) is enabled. This option can be used when an employee has multiple contracts with pension schemes. This new calculation method allows for apportioning LEL or UEL across multiple pension schemes.
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To switch on or off the nest appointment indicator for each pension scheme, follow the steps below in Portal.

  1. Click Settings then under the UK Tax Rates heading, click General.

  2. Scroll to the bottom of the page, then click Other.

  3. From the Select Detail drop-down menu, select Nest Appointment.

  4. Enable the toggle for the relevant pension code.

  5. Click Save.

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